WATCH: Pirro blasts judge blocking Justice Department subpoenas to Federal Reserve in Powell probe
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Federal judge blocks Justice Department investigation into Federal Reserve operations.
AI Summary
A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January. The ruling deals a severe blow to an ongoing investigation that has already attracted strong criticism on Capitol Hill. The decision blocks the Justice Department's ability to obtain documents or testimony from the Federal Reserve as part of what appears to be a probe involving Federal Reserve Chair Jerome Powell. The investigation had previously drawn opposition from members of Congress before this judicial setback.
What's Being Done
Court ruling quashed Justice Department subpoenas seeking Federal Reserve documents.
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US judge nixes two subpoenas against Federal Reserve chair Jerome Powell - Al Jazeera
Judge Quashes Justice Dept.’s Subpoenas Targeting Federal Reserve Chair - The New York Times
US judge quashes subpoenas in Justice Department's probe of Fed chair Powell
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